Bitcoin: 50-Week SMA Breakout Hits History Problem

Bitcoin confronts a 50-week SMA breakout history problem after Keith Alan questioned whether BTC can sustain a durable close above the level in his latest video shared by MI_Algos. Price sits at $79756.51 inside the Bollinger Bands with upper resistance at $82559.2 and lower support at $76118.75. The EMA50 at $78646.71 and EMA200 at $73081.5 anchor the bullish trend structure while RSI(14) at 54.13 stays neutral and MACD shows a bearish death cross at 415.26. With price testing upper Bollinger resistance while RSI flashes neutral, a healthy retracement to the 50-EMA support at $78646.71 seems probable before further continuation in this BTC price prediction and Bitcoin technical analysis setup.